Base metals rise after Fed’s bumper rate cut, China stimulus hope

Capt. John

Prices of most base metals rose on Thursday, following the long-awaited U.S. Federal Reserve interestrate cut and with bets of more stimulus in top metals consumer China. Three-month copper on the London Metal Exchange CMCU3 rose 1.1%to a two-month high at$9,500 per metric ton by 0718 GMT,...

https://www.hellenicshippingnews.com/base-metals-rise-after-feds-bumper-rate-cut-china-stimulus-hope/

Leave a Comment